Skip to comments.Oops: US Government Misallocated $100 Billion in 2013
Posted on 07/09/2014 7:42:51 PM PDT by blueyon
At a time when federal agencies and state governments are being stretched much too thin (or so they claim), the US government reportedly sent oodles of taxpayer dollars to the wrong people last year, according to the Associated Press:
By its own estimate, the government made about $100 billion in payments last year to people who may not have been entitled to receive them tax credits to families that didn't qualify, unemployment benefits to people who had jobs and medical payments for treatments that might not have been necessary.
Congressional investigators say the figure could be even higher.
Thats an absurd amount of money. But perhaps we should rejoice. After all, the amount of money the federal government gave away last year to those who didnt deserve it pales in comparison to the amount they misallocated in 2010:
The amount of improper payments has steadily dropped since 2010, when it peaked at $121 billion.
(Excerpt) Read more at townhall.com ...
We slipped most of it over to the terrorists.
A hundred billion here, a hundred billion there...
pretty soon we’re talking about real money
Leftwing slush funds cost a lot these days
Just think of how many illegal alien invaders that money could have helped if Barry’s government hadn’t thrown it down a ‘RAT hole. That 100 billion good have bought a lot of Huggies, Nikes and lollipops.
Unlike the IRS targeting, I am sure none of that money was targeted to tea party folks.
And to Obama’s cronies.
Does this include the $33,000,000,000 that Hillary Clinton lost? Lose a blanket in the Army and they threaten to cut off your leg. She loses thirty three billion bucks and everybody is just fine with it.
Correct. No way that much money just gets lost.
It's been stolen and funneled to leftist Obama/Democrat Party projects and payoffs. Don't be surprised that a year or so after Obama leaves office his net worth is reported 100 million plus dollars. And of course it will be from writing books and giving speeches. The other billions are stored away to be used against America -- sent to left wing commie activist groups and foundations. That's why so many of these leftist environmental and political and media activists groups just seem to pop out of no where.
The plunder continues unabated. UNaccountable socialists. Socialism Is Legal Plunder - Bastiat
Had enough? Generations of Americans have become economic slaves to socialists.
A Billion here ... a Billion there ... soon you are talking about some real money.
“The amount of improper payments has steadily dropped since 2010, when it peaked at $121 billion.”
Boy it’s plummeting.
BS! They knew who they were giving it to. It’s called payoffs!